401k Maximum Contribution 2024. The employee contribution limit for simple iras and simple 401(k) plans is increased to $16,000, up from $15,500. Total 401(k) plan contributions by an employee and an employer cannot exceed $69,500 in 2025.


401k Maximum Contribution 2024

The roth 401(k) contribution limit for 2024 is $23,000 for employee contributions and $69,000 total for both employee and employer contributions. The limits used to define a โ€œhighly compensated.

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